TitleMax

TEI FIRE & SECURITY LTD

About this app

TitleMax is an offline debt planning tool for people who want to review existing loan and credit obligations and compare possible changes to an interest rate. It helps you create local repayment scenarios without submitting a loan application, requesting credit, or connecting to a lender.

With TitleMax, enter the current balance, annual interest rate, remaining term, next payment date, currency, and other basic details of an existing debt. You can then specify a possible new annual interest rate and the month when the change could begin. TitleMax compares two repayment approaches: keeping the original payoff date with a recalculated monthly payment, or keeping the current payment and recalculating the repayment period.

TitleMax shows the estimated payment after the rate change, projected payoff date, remaining interest, total payments, and differences from the original repayment projection. These calculations are based only on the information entered into the app and are intended for personal planning. They do not represent an offer, approval, or confirmed condition from a bank, lender, or credit provider.

TitleMax can manage multiple existing debts locally. Each debt can include its balance, annual rate, monthly payment, remaining months, next payment date, currency, and a personal note. Individual debts are calculated separately, and balances in different currencies are never combined.

For each selected debt, TitleMax can create a detailed payment schedule showing the date, opening balance, interest, principal repayment, and ending balance. The schedule highlights the month when the assumed rate change begins and the final reduced payment. It is a calculation plan and does not confirm that any payment has actually been made.

TitleMax also lets you save repayment scenarios for later review. A saved plan keeps a snapshot of the original debt conditions, assumed new interest rate, change month, adaptation method, and calculated result. You can rename, delete, or copy a saved scenario to create a new calculation without changing the original record.

The calculations use a simple monthly interest model based on the nominal annual rate divided by twelve, with payments made at the end of each period. The app does not include lender-specific fees, penalties, commissions, or contractual rules. If a selected payment cannot cover the calculated interest, TitleMax clearly identifies that the balance cannot be paid off under the chosen assumptions instead of displaying a misleading payoff date.

TitleMax works completely offline. No account or internet connection is required, and information is stored locally on the device. You can review your existing debt, compare credit repayment scenarios, examine interest changes, and keep personal repayment plans without sending financial information to external services.

TitleMax does not provide loans or credit, accept applications, make approval decisions, connect users with lenders, provide investment services, or give financial advice. It is a personal debt and repayment calculation tool designed to help users review possible scenarios for existing financial obligations.